Are you looking for a strong return on a commercially zoned property - how about a 10%+ CAP Rate! Property is leased to road contractor until March of 2026 with a possibility of extension. This property is 6.4 acres with approximately 1 acre of flat useable fenced land. 50x30 coverall structure included. Property offers excellent exposure, secure sheltered flat lot with direct proximity to Highway 1. This lot is mostly gravel with a large stock pile of sand. Serviced with power, water hook up at lot line. Owner may entertain a partial VTB with the right qualifications. (id:60329)
MLS® Number | 10349033 |
Property Type | Other |
Neigbourhood | Chase |
Amenities Near By | Shopping |
Features | Level Lot |
Heating Type | No Heat |
Type | Residential Commercial Mix |
Utility Water | Municipal Water |
Access Type | Highway Access |
Acreage | Yes |
Current Use | Mixed Use |
Land Amenities | Shopping |
Landscape Features | Level |
Sewer | No Sewage System |
Size Irregular | 6.4 |
Size Total | 6.4 Ac|5 - 10 Acres |
Size Total Text | 6.4 Ac|5 - 10 Acres |
Zoning Type | Unknown |
https://www.realtor.ca/real-estate/28372888/909-trans-canada-highway-chase-chase
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